War Helps EU Farmers Win “Virtually all” EU member states have agreed to extend derogations from the new Good Agricultural and Environmental Condition (GAEC) practices through the 2023 production year. Greens and their political leaders were opposed but when faced with otherwise being blamed for adding a food security crisis on top of an energy security crisis, farmers won. It means another year in which agriculture will be exempt from mandates for crop rotation, the maintenance of fallow land, and set asides for biodiversity. Virtually all is an increase from a month ago when only about 60 percent of member states supported the derogation. It likely didn’t help the Greens’ position that even with the derogations th...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.